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Porch Group: Tabak expects to sell 11,000 shares

The notice describes the expected sales as automatic sell-to-cover transactions for tax withholding and fees, not discretionary trades by the reporting person.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Porch Group, Inc. (PRCH) officer Shawn Tabak reported an estimated sale of 11,000 common shares on or about October 5 and October 6, 2026. The shares are expected to be sold automatically to cover tax withholding obligations and fees from restricted stock units vesting October 4 and October 5; the notice says these transactions are not discretionary trades by Tabak.

Shares expected to be sold 11,000 shares On or about October 5 and October 6, 2026
Aggregate market value $190,410 Common stock expected to be sold
Common shares outstanding 131,832,044 shares Reported in the securities information
Restricted stock units vesting 3,000 shares October 4, 2026
Restricted stock units vesting 8,000 shares October 5, 2026
Common shares sold during the prior three months 25,000 shares August 5, 2026
Aggregate value of prior sale $405,157.5 Sale on August 5, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
sell to cover financial
"automatic "sell to cover" transactions"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Restricted Stock Units financial
"Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Aggregate market value financial
"Aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PRCH shares is Shawn Tabak expected to sell?

Shawn Tabak reported an estimated sale of 11,000 common shares on or about October 5 and October 6, 2026. The expected sales are automatic sell-to-cover transactions tied to restricted stock unit vesting.

How many PRCH shares did Shawn Tabak sell in the prior three months?

The notice reports that Shawn Tabak sold 25,000 common shares on August 5, 2026, for an aggregate value of $405,157.5.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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